Tenity has announced its partnership with the XRP Ledger (XRPL) Accelerator in Asia Pacific, launching a Singapore-based cohort. The 12-week program aims to support entrepreneurs in developing blockchain and crypto technology on the XRPL, providing a $50,000 program grant, mentorship, and investor connections.
Facts
- Tenity has become the first program partner of the XRP Ledger (XRPL) Accelerator in Asia Pacific, with the launch of a Singapore-based cohort.
- The 12-week program will start in August 2023 and conclude with a Demo Day event in November 2023.
- Selected startups will receive a $50,000 program grant, mentorship from industry-leading mentors, and the opportunity to connect with potential investors and partners.
- The XRPL Accelerator in Singapore, supported by Ripple, will be the second cohort of the initiative, following the first cohort in New York starting in June 2023.
- Jonas Thuerig, Head of Asia and Managing Partner at Tenity, expresses excitement about joining the XRPL ecosystem in Asia Pacific and leveraging the vibrant ecosystem in Singapore.
- The XRPL Accelerator is looking for driven entrepreneurs from Asia Pacific utilizing the XRPL in their product development, with a focus on products with commercial potential and clear market needs.
- The hybrid program will have virtual components and on-site elements, such as the Demo Day, and will cover various topics in two main phases: Exploration and Validation.
